Banks it is not the best rate offered by banks.
Today s wall street journal prime rate.
Banks and is effective 3 16 20.
Prime rate defined by the wall street journal wsj as the base rate on corporate loans posted by at least 70 of the 10 largest u s.
The journal surveys the 30 largest banks and when three quarters.
It is not the best rate offered by banks.
It should not be confused with the federal funds rate set by the federal reserve though these two rates often move in tandem.
The prime rate is defined by the wall street journal wsj as the base rate on corporate loans posted by at least 70 of the 10 largest u s.
The prime rate as reported by the wall street journal s bank survey is among the most widely used benchmark in setting home equity lines of credit and credit card rates.
Other prime rates aren t directly comparable.
The initials stand for the wall street journal which surveys large banks and publishes the consensus prime rate.
View interest rate news and interest rate market information.
Wsjprime a complete wsj us prime rate interest rate overview by marketwatch.